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Bank / Credit Union News

Discover announces expansion of ATM network in Vietnam

November 18, 2013

Discover Financial Services and Smartlink Card JSC, a domestic payments network in Vietnam, have announced a strategic alliance that will give Discover and…

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Sheetz chain strikes ATM deal with PNC Bank

November 15, 2013

Family-owned convenience store chain Sheetz Inc. has entered an agreement with PNC Bank to provide in-store ATMs in locations across six states. The ATMs will…

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Want to control your ATM card use? There's an app for that

November 14, 2013

In financial services, the consumer's No.1 expectation is to be in control. Particularly, consumers want to know that they can get to their money any time they…

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BofA anticipates biometric ID with ATM security patent application

November 13, 2013

Bank of America has applied for an ATM patent (U.S. Patent Application No. 20130264384) that would connect the ATM to external authentication capabilities such…

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Nebraska's largest CU aims to get bigger faster

November 13, 2013

SAC Federal Credit Union of Bellevue, Neb., has grown its assets by an annual average rate of 16 percent over the last three years to become Nebraska's largest…

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GPRs less costly than DDAs as primary payment tool

November 13, 2013

The majority of consumers who use a prepaid debit card to manage their finances do so for less than $7.50 per month, which represents a cost savings over a…

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Cash recycling ATMs catch on at UniCredit

November 11, 2013

UniCredit, a Milan, Italy-based banking and financial services company with more than 9,000 branches, is adding cash recycling capabilities to the ATM fleet at…

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Wincor World 2014 to focus on branch processes, customer experience

November 8, 2013

Today, the financial services market is dealing with the question of how to implement improved customer service while optimizing the cost position for the bank…

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Community banks embracing branch reinvention, too

November 7, 2013

Major U.S. banks have been engaged in branch reinvention for a few years. Now smaller players are beginning to embrace the trend, as well.

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Software platform helps Tanzanian bank branch out into Burundi

November 7, 2013

CRDB Bank Plc., a major bank in Tanzania, has migrated to the CR2 BankWorld Platform at its subsidiary, CRDB Burundi, in a move that the FI hopes will augment…

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ATM, branch-sharing partners extend, expand relationship in Puerto Rico

November 7, 2013

The success of a shared branching effort in the U.S. commonwealth of Puerto Rico has led Co-op Financial Services to extend its relationship with El Circuito…

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Shinsei Bank adds 23K ATMs to its off-premises network

November 1, 2013

Shinsei Bank has formed partnerships with Lawson ATM Networks Inc., a subsidiary of Lawson Inc., and E-net Co. Ltd., a company whose stakeholders include 7…

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Welch, PenFed in co-branding deal covering selected Rite Aid stores

October 24, 2013

Welch ATM, a St. Louis-area IAD, and Alexandria, Va.-based Pentagon Federal Credit Union have announced that PenFed-branded ATMs are now available in selected…

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Study: The technologies FIs are using to meld self-service and semi self-service

October 23, 2013

In new a new research report, "Interaction and Advice via Evolving Banking Channels," Mercator Advisory Group looks at the practical ways in which financial…

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Infosys survey: Banks looking to mobile to lead innovation

October 23, 2013

Banks increasingly feel the need to innovate, according to a new survey, and they're looking to mobile to lead those efforts.

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Iberiabank, PAI team up on ATM branding at Rite Aid stores

October 17, 2013

Louisville, Ky.-based IAD Payment Alliance International and Lafayette, La.-based Iberiabank have struck a branding agreement covering ATMs in selected Rite…

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Credit Union One taps Fiserv DNA

October 17, 2013

Credit Union One, a Ferndale, Mich.-based FI with $810 million in assets, has selected the DNA account processing platform from Fiserv."The open architecture…

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Mobey Forum explores mobile wallet strategies for FIs

October 17, 2013

Mobile banking collaborative Mobey Forum has released a new white paper, "Mobile Wallet: Strategic Options for Banks." In it, the forum posits that if FIs are…

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Aussie bank intros self-service enabled 'Smart Store'

October 17, 2013

National Australia Bank has opened its first "Smart Store." The reinvented branch concept dispenses with traditional tellers and lets customers choose from a…

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ARCA outfits Suncoast Schools FCU mobile branch with cash recycler

October 15, 2013

Florida's largest credit union, Suncoast Schools Federal Credit Union, with $5.4 in assets, has upgraded the cash recycler in its mobile branch with the…

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